State funding of DKRW coal-to-liquids plant: financially risky, contrary to purpose of Mineral Trust Fund
Houston-based DKRW Advanced Fuels has a dream: they want to turn a chunk of Wyoming's vast coal reserves into 10,600 barrels of gasoline per day. They want to capture most of the carbon emitted in the process and sell it to the state's oil and gas industry, which will use the CO2 to inject into wells, increasing oil and gas production. In one fell swoop, the firm hopes to boost production of all of the state's major fossil fuels. The facility would be located near Medicine Bow, a town that presently has about 300 people.
Dreaming with somebody else's money